Air Quality Monitoring System Market

Air Quality Monitoring System Market by Component (Software, Services, and Hardware [Processors, Output Devices, and Sensors]), Pollutants (Physical and Chemical [Carbon Oxides, Volatile Organic Compounds, Nitrogen Oxides, Sulfur Oxides, and Others]), Products (Outdoor Air Quality Monitoring Systems [Portable Indoor Systems and Fixed Indoor Systems] and Indoor Air Quality Monitoring Systems [Portable Indoor Systems and Fixed Indoor Systems]), End-users (Commercial, Residential, and Industrial [Manufacturing, Food & Beverages, Pharmaceuticals, Healthcare, Oil & Gas, and Others]), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: EP-3681
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 165
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The global air quality monitoring system market size was valued at USD 3.9 billion in 2020 and expanding at a CAGR of 6.5% during the forecast period, 2021–2028. The growth of the market is attributed to rising levels of pollutants in the environment as well as strict government rules and regulations for pollution monitoring.

Air Quality Monitoring System Market key takeaways

Air quality monitoring system is a year-round facility that continually measures concentrations of air pollutants (such as SO2, NOx, CO, O3, and THC), particle matter, wind speed, direction, as well as other meteorological factors. Air pollution is a significant danger to the environment's equilibrium. It has a large impact on the climate, causing acid rain, increased toxicity, and global warming, among other things. Catastrophe such as the Bhopal gas leak tragedy and the Aliso Canyon accident have raised awareness about the need of monitoring contaminants in the atmosphere. For instance, Clean Air Partners has installed monitoring systems around the Baltimore-Washington region, providing real-time and anticipated air quality data. Correspondingly, these collaborations aim to create sensor networks and sophisticated systems.

The COVID-19 pandemic has caused wreaked havoc on people's lives across nations and communities. The supply and distribution networks were also largely disrupted owing to travel restrictions imposed by the lockdown and a drop-in sales activity. However, the emission from vehicles is a major contributor of pollution as they normally emit harmful substances such as particulate matter, carbon monoxide, and sulphur dioxide. Particulates are particularly carcinogenic and they may penetrate deep into the lungs and circulation, causing lasting DNA alterations and perhaps heart attacks. As a result, governments have taken steps to reduce pollution emissions into the atmosphere.

Market Trends, Drivers, Restraints, and Opportunities

  • Expanding government environmental policies such as providing funding for the construction of air quality monitoring systems are expected to boost the market growth.
  • Rigorous policies to implement workplace environment safety is anticipated to propel the market share during the forecast period.
  • Development of wireless communication, crowdsourcing, and rising public consciousness about environmental conservation are key factors driving the market growth.
  • High purchase costs and expenditures associated with system maintenance are projected to limit market expansion to some extent.
  • Continuous research and development as well as the commercialization of advanced air quality monitoring systems are expected to provide significant growth opportunities for both established and new companies.

Scope of the Report

The report on the global air quality monitoring system market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Air Quality Monitoring System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Components (Software, Services, and Hardware [Processors, Output devices, and Sensors]), Pollutants (Physical and Chemical [Carbon Oxides, Volatile Organic Compounds, Nitrogen Oxides, Sulfur Oxides, and Others]), Products (Outdoor Air Quality Monitoring Systems [Portable Indoor Systems and Fixed Indoor Systems] and Indoor Air Quality Monitoring Systems [Portable Indoor Systems and Fixed Indoor Systems]), and End-users (Commercial, Residential, and Industrial [Manufacturing, Food & Beverages, Pharmaceuticals, Healthcare, Oil & Gas, and Others])

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

General Electric Company; HORIBA, Ltd.; Merck; Siemens AG; Teledyne Technologies Incorporated; and Thermo Fisher Scientific, Inc.; 3M; and Emerson Electric Co.

 

Market Segment Insights

Hardware segment to constitute a key market share

In terms of components, the air quality monitoring system market is segregated into software, services, and hardware. The hardware segment is further classified as processors, output devices, and sensors. The hardware segment is expected to account for a key market share during the forecast period due to real-time apps and contemporary designs. Moreover, the software segment is projected to constitute a large market share owing to increasing demand for these devices from different authorities.

Air Quality Monitoring System Market by components

Chemical segment is expected to grow at a rapid pace

Based on pollutants, the market is bifurcated into physical and chemical. The chemical segment is further categorized into carbon oxides, volatile organic compounds, nitrogen oxides, sulfur oxides, and others. The chemical segment is expected to grow at a rapid pace due to the growing vehicular emission from the chemical industry. Carbon oxides is a major agent responsible for increasing the number of companies and cars, both of which are important sources of CO2 emissions. However, the physical segment is estimated to become a fast-growing segment during the forecast period owing to rising awareness regarding the health and environment.

Out-door segment is projected to expand at a considerable CAGR

On the basis of product types, the air quality monitoring system market is bifurcated into out-door and in-door monitoring systems. The out-door segment is further divided into portable indoor systems and fixed indoor systems. Meanwhile, the in-door segment is further classified as portable indoor systems and fixed indoor systems. The out-door segment is projected to expand at a considerable CAGR during the forecast period owing to strict government regulations for the adoption of air quality monitoring systems in industries such as oil & gas and pharmaceuticals. Furthermore, the in-door segment is anticipated to account for a major market share during the forecast period owing to the rise in popularity of green buildings and smart homes.

Industrial segment to grow at a fast rate

Based on end-users, the market is segregated into commercial, residential, and industrial. The industrial segment is further categorized as manufacturing, food & beverages, pharmaceuticals, healthcare, oil & gas, and others. The industrial segment is projected to grow at a fast rate during the forecast period due to the increase in the use of air quality monitoring systems by various businesses in response to severe regulatory demands. The commercial segment, however, is estimated to grow at a rapid pace in the coming years owing to the growing side-effects of air pollution on commercial spaces.

Asia Pacific is anticipated to constitute a key market share

In terms of regions, the air quality monitoring system market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of the Asia Pacific is expected to constitute a key share of the market during the projected period due to the rising prevalence of respiratory and cardiovascular disorders in the region. However, the market of North America is anticipated to expand at a rapid pace during the forecast period due to stringent requirements from governments’ policies to have imposed for monitoring air quality.

Air Quality Monitoring System Market by regions

Segments

Segments Covered in the Report
The global air quality monitoring system market has been segmented on the basis of

Components

  • Software
  • Services
  • Hardware
    • Processors
    • Output devices
    • Sensors
Pollutants
  • Physical
  • Chemical
    • Carbon Oxides
    • Volatile Organic Compounds
    • Nitrogen Oxides
    • Sulfur Oxides
    • Others
Products
  • Outdoor Air Quality Monitoring Systems
    • Portable Indoor Systems
    • Fixed Indoor Systems
  • Indoor Air Quality Monitoring Systems
    • Portable Indoor Systems
    • Fixed Indoor Systems
End-users
  • Commercial
  • Residential
  • Industrial
    • Manufacturing
    • Food & Beverages
    • Pharmaceuticals
    • Healthcare
    • Oil & Gas
    • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • General Electric Company
  • HORIBA, Ltd.
  • Merck;
  • Siemens AG
  • Teledyne Technologies Incorporated
  • Thermo Fisher Scientific, Inc.
  • 3M
  • Emerson Electric Co.

Competitive Landscape

Key players competing in the global air quality monitoring system market are General Electric Company; HORIBA, Ltd.; Merck; Siemens AG; Teledyne Technologies Incorporated; and Thermo Fisher Scientific, Inc.; 3M; and Emerson Electric Co.

Some of the majority of service providers have launched latest enterprises' air quality monitoring systems. Companies are also building cloud-based dashboards that provide real-time data on the city's air quality and are likewise focusing on increasing their manufacturing capacity.

Air Quality Monitoring System Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Air Quality Monitoring System Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Air Quality Monitoring System Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Air Quality Monitoring System Market - Supply Chain
  4.5. Global Air Quality Monitoring System Market Forecast
     4.5.1. Air Quality Monitoring System Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Air Quality Monitoring System Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Air Quality Monitoring System Market Absolute $ Opportunity
5. Global Air Quality Monitoring System Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Air Quality Monitoring System Market Size and Volume Forecast by End Users
     5.3.1. Commercial
     5.3.2. Residential
     5.3.3. Industrial
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Air Quality Monitoring System Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Air Quality Monitoring System Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Air Quality Monitoring System Demand Share Forecast, 2019-2026
7. North America Air Quality Monitoring System Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Air Quality Monitoring System Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Air Quality Monitoring System Market Size and Volume Forecast by End Users
     7.4.1. Commercial
     7.4.2. Residential
     7.4.3. Industrial
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Air Quality Monitoring System Demand Share Forecast, 2019-2026
8. Latin America Air Quality Monitoring System Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Air Quality Monitoring System Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Air Quality Monitoring System Market Size and Volume Forecast by End Users
     8.4.1. Commercial
     8.4.2. Residential
     8.4.3. Industrial
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Air Quality Monitoring System Demand Share Forecast, 2019-2026
9. Europe Air Quality Monitoring System Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Air Quality Monitoring System Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Air Quality Monitoring System Market Size and Volume Forecast by End Users
     9.4.1. Commercial
     9.4.2. Residential
     9.4.3. Industrial
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Air Quality Monitoring System Demand Share Forecast, 2019-2026
10. Asia Pacific Air Quality Monitoring System Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Air Quality Monitoring System Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Air Quality Monitoring System Market Size and Volume Forecast by End Users
     10.4.1. Commercial
     10.4.2. Residential
     10.4.3. Industrial
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Air Quality Monitoring System Demand Share Forecast, 2019-2026
11. Middle East & Africa Air Quality Monitoring System Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Air Quality Monitoring System Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Air Quality Monitoring System Market Size and Volume Forecast by End Users
     11.4.1. Commercial
     11.4.2. Residential
     11.4.3. Industrial
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Air Quality Monitoring System Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Air Quality Monitoring System Market: Market Share Analysis
  12.2. Air Quality Monitoring System Distributors and Customers
  12.3. Air Quality Monitoring System Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. General Electric Company
     12.4.2. HORIBA, Ltd.
     12.4.3. Merck;
     12.4.4. Siemens AG
     12.4.5. Teledyne Technologies Incorporated
     12.4.6. Thermo Fisher Scientific, Inc.
     12.4.7. 3M
     12.4.8. Emerson

Segments Covered in the Report
The global air quality monitoring system market has been segmented on the basis of

Components

  • Software
  • Services
  • Hardware
    • Processors
    • Output devices
    • Sensors
Pollutants
  • Physical
  • Chemical
    • Carbon Oxides
    • Volatile Organic Compounds
    • Nitrogen Oxides
    • Sulfur Oxides
    • Others
Products
  • Outdoor Air Quality Monitoring Systems
    • Portable Indoor Systems
    • Fixed Indoor Systems
  • Indoor Air Quality Monitoring Systems
    • Portable Indoor Systems
    • Fixed Indoor Systems
End-users
  • Commercial
  • Residential
  • Industrial
    • Manufacturing
    • Food & Beverages
    • Pharmaceuticals
    • Healthcare
    • Oil & Gas
    • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • General Electric Company
  • HORIBA, Ltd.
  • Merck;
  • Siemens AG
  • Teledyne Technologies Incorporated
  • Thermo Fisher Scientific, Inc.
  • 3M
  • Emerson Electric Co.

Key players competing in the global air quality monitoring system market are General Electric Company; HORIBA, Ltd.; Merck; Siemens AG; Teledyne Technologies Incorporated; and Thermo Fisher Scientific, Inc.; 3M; and Emerson Electric Co.

Some of the majority of service providers have launched latest enterprises' air quality monitoring systems. Companies are also building cloud-based dashboards that provide real-time data on the city's air quality and are likewise focusing on increasing their manufacturing capacity.

Air Quality Monitoring System Market by key players

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